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says you cues china of repeatedly and yet you don't see the same kind of vitriol being pointed at china which may well be because china owns so much of the u.s. this paper at this point that they be sort of pointing their finger at the boss what about canada that's said to be in the process of drafting something very similar again yes russia what would why canada what are their reasons that canada has been voting and acting in concert with the united states for the last few years now if you look at the votes on israel for example you'll find the united states canada guam and you know like some small rock in the middle of the pacific voting on one side and the rest of the world on the other i can explain exactly what that dynamic is is that. as a candidate in lockstep with the u.s. one of the stork we can it has been a lot of progress in the way that it's treated for the national interest but that's been going on for a while and i cannot explain it it makes no sense just briefly you said earlier that the jackson family could dream of dropping that is a positive stage and you did give an
says you cues china of repeatedly and yet you don't see the same kind of vitriol being pointed at china which may well be because china owns so much of the u.s. this paper at this point that they be sort of pointing their finger at the boss what about canada that's said to be in the process of drafting something very similar again yes russia what would why canada what are their reasons that canada has been voting and acting in concert with the united states for the last few years now if you...
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china corporations are all today . look. nation and free accreditation free in-store charges free arrangements free. free studio time free. download free broadcast quality video for your media projects and free media oh god our t.v. dot com. look. good if you've ever seen anything like the toilet. last week marked the first time the army private bradley manning took the stand to speak only did he give a very disturbing testimony about his harsh treatment at quantico most chilling was his description of how he was treated in solitary confinement were forced to wear leg irons and stripped down naked every night there's more development developments sorry in this case by the day even though the corporate news is completely absent in the pennant bloggers and journalists have been on top of it since the beginning including my next guest like so brian journalist and plaintiff for the indefinite detention lawsuit thank you so much for coming on thank you for asking me so let's talk about what you've been reporting on a man who's be
china corporations are all today . look. nation and free accreditation free in-store charges free arrangements free. free studio time free. download free broadcast quality video for your media projects and free media oh god our t.v. dot com. look. good if you've ever seen anything like the toilet. last week marked the first time the army private bradley manning took the stand to speak only did he give a very disturbing testimony about his harsh treatment at quantico most chilling was his...
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china's going to allow foreign visitor to stay in way ginning for -- beijing for three days if they're heading into another country. but you have to buy a lot of stuff. [laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time has come, and that's today's speed read. liz: emerald green. the parent company of the toronto stock exchange is joining forces with the maple group in a move that is enabling the company to expand it product offerings. david: tom kloet is the see crow of -- ceo of tmx group. what a pleasure to see you. you're an american, by the way. >> i am. david: they brought in an outsider. there are a lot of similarities between canada and the u.s. but some very distinct differences, and one of them involves the markets. you are the main equity and clearing facility. you have everything in one shopp right?
china's going to allow foreign visitor to stay in way ginning for -- beijing for three days if they're heading into another country. but you have to buy a lot of stuff. [laughter] console, energy and qt production company have submitted multimillion dollar bids to drill for natural gas and oil on land surrounding pittsburgh international airport. the drilling revenue would reduce gate fees which could lead to cheaper flights. pan tone which -- named emerald as 2013's color of the year. the time...
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wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you about coming up. just make sure this is not a public restroom, please. [ laughter ] ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. thonly place in the world you'll find the extraordinarily comfortable slp number experiee. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to yourize d shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodie i
wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you about coming up. just make sure this is not a public restroom, please. [...
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south china sea. again, we initiated this from the staff members in our office. i could go on. let me just say that the other areas, important areas that our staff have worked on in the past six years include our pioneering work and economic fairness, the need for stronger programs in the areas of adult education, the efforts from inside our office to encourage a full spectrum of energy development, the preservation of civil war battlefields and the vital need to rebalance the constitutional relationship between the congress and the presidency, which i have pursued in both administrations that have been in office while i have been a member of the united states senate. and at this point, because i really will not have time to list all of the contributions by my staff members, i would ask unanimous consent, mr. president, the names and the positions of my staff members be entered into the record at this point. the presiding officer: without objection, so ordered. mr. webb: thank you, mr. president. and
south china sea. again, we initiated this from the staff members in our office. i could go on. let me just say that the other areas, important areas that our staff have worked on in the past six years include our pioneering work and economic fairness, the need for stronger programs in the areas of adult education, the efforts from inside our office to encourage a full spectrum of energy development, the preservation of civil war battlefields and the vital need to rebalance the constitutional...
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the company will spend $100 million to ship from china. apple began making the computer in the u.s. but began outsourcing in the mid'90s. and parent company with t- mobile reached a new deal with apple. t-mobile had been the lone holdout among the four national retailers in the u.s. in new york, i'm alexis christoforous. >>> a wisconsin teen is crashing in on an ugly holiday tradition. christmas sweaters. 18-year-old jack mccarthy collects ugly sweaters in his basement and sells them on his website. the sweaters that he fetes from flea markets, yard will sales, and thrift stores sell for about $20 to $40. he ships about 40 out a day. that's a great idea. and it works. >> i know. i wish i had it. not the sweater, the idea. >> are the sweaters now replace the fruitcake? >> maybe. as holiday gift to have. >>> still ahead on eyewitness news at 4:00. a judge in the deadly meningitis outbreak case, makes an unusual ruling. >>> the suspect in the fatal subway attack is being held without bail. hear from the family of the victims on how they're coping. >>> the weekend is in sight. bob says
the company will spend $100 million to ship from china. apple began making the computer in the u.s. but began outsourcing in the mid'90s. and parent company with t- mobile reached a new deal with apple. t-mobile had been the lone holdout among the four national retailers in the u.s. in new york, i'm alexis christoforous. >>> a wisconsin teen is crashing in on an ugly holiday tradition. christmas sweaters. 18-year-old jack mccarthy collects ugly sweaters in his basement and sells them...
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china operations are the day. the gold fever. turns thousands into slaves. my father but also among other involved in the monsoon and since i started working in amman i stated. food multinationals. to cash cow to be milked dry and use but i think that in this country is gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is colombia going to pay. for the for the modest effect on r.t. . this is a welcome back while the rest of the us may be struggling who work there is currently a real boom of job offers for mates in the country but states and some of the biggest private companies are now enjoying the fruits of a cheap and readily available workforce with tons of millions of dollars spent by private prisons to keep their jails for our she's going to stick around takes up the story. in the us the market for cheap labor is booming behind bars in the la
china operations are the day. the gold fever. turns thousands into slaves. my father but also among other involved in the monsoon and since i started working in amman i stated. food multinationals. to cash cow to be milked dry and use but i think that in this country is gold medal logie as an environmental cost which is unacceptable to local business was labeled illegal and controlled by criminals you know in order to protect our lives our families and to work in peace. we are forced to pay...
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make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone cases and determined to make her design here in america. so, you found a way to do it here. >> i found a way to do it here. >> reporter: there was so much interest in those cases last night that her website crashed within five minutes of our report. but it's back up and running tonight and she tells us she sold 2,000 of the cases in 2 hours. on this larger announce m from apple tonight, we reached out to our team of economists and they all echoed one another, saying this is about more than just good will. it's now good business. and this move puts an exclamation point on the trend we'
make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone...
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walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's absolutely a perfect idea. a workforce that is not the kind of problems or baby sitting senator always here always comes to learn. your business or leave a wide variety of industries take advantage of prison labor among many other things prisoners make clothing textiles electronics furniture and even solar panels just as we're trying to get china to start with their prison labor hours isn't the same . hundreds of companies have used prison labor directly or through subcontractors including microsoft boeing starbucks tory secret and others. or federal tax. rate compensated up to forty percent of the w
walls prisons in fact advertise themselves as such as an alternative to outsourcing cheap labor to china or elsewhere on the web we came across this pitch that prisons prepared to persuade private sector companies to come and do business with them take a look. there is not enough folks that will do this type of work in this country so therefore we're bringing bringing back this industry that is strictly has been going out of this country and we're putting it you know inside the laws and it's...
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Dec 6, 2012
12/12
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if china mobile extracts big concessions to the u.s. providers, then go back and do the same. that's the principal issue. the other thing you're coming to the most important quarter in apple's recent memory and that's because you've had so many product launches coming in this last quarter they've really got to hit the cover off the ball. having said all that i still think apple long-term is a value play here, i still think it's a growth play, so it's just the right time to get in. >> dennis? >> joe brighton brings up the topic of a generational circumstance. going back a generation to me this reminds me of what happened in the early 1970s when you had the wonderful nifty 50 stocks you were supposed to own forever, all of which are wonderful companies -- >> 1970s or 1870s? >> i look like i was from the 1870s but apple is a wonderful company but not a good stock at this point. you have to be careful here. >> stephanie, what do you do, sitting there at home watching what all of us say as america's best loved stock, most valuable company on earth and watch it fall as far as it's f
if china mobile extracts big concessions to the u.s. providers, then go back and do the same. that's the principal issue. the other thing you're coming to the most important quarter in apple's recent memory and that's because you've had so many product launches coming in this last quarter they've really got to hit the cover off the ball. having said all that i still think apple long-term is a value play here, i still think it's a growth play, so it's just the right time to get in. >>...
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russia and china both urged north korea on monday to not proceed with the planned rocket launch. 3çíño% >> it is 8:44 a.m.. >> we do have our eyes on the weather. here is a look at the golden gate bridge. we should have sunshine by the time you hit the toll plaza. there is still a lot cloud cover outside. >> the good news is that we was see drying weather for the next several days. there are low clouds and fog but overall is not a huge problem. we can see some areas of fog but we're not seeing any dents. this afternoon we are expecting more sunshine. it will be partly cloudy and cool. temperatures right now as you wake up has downtown san francisco at 53 degrees. santa rosa is a 52 degrees. future cast for temperatures by noon it will be in the '60s. >> most of us will be in the low to mid 60's so it will be a fairly nice day especially with the sun. we will cool down this afternoon, right around the '50s for most areas by 8:00 p.m.. it will be a pretty pleasant evening. you should get ready for more sunshine for friday and into the weekend. it temperatures in the south bay are low 60'
russia and china both urged north korea on monday to not proceed with the planned rocket launch. 3çíño% >> it is 8:44 a.m.. >> we do have our eyes on the weather. here is a look at the golden gate bridge. we should have sunshine by the time you hit the toll plaza. there is still a lot cloud cover outside. >> the good news is that we was see drying weather for the next several days. there are low clouds and fog but overall is not a huge problem. we can see some areas of fog...
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but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization exercise in human history, building something like 221 new cities. so there's no did you tell that some of the buildings and roads or even shopping malls may in the short term appear empty. and then that fits into the kind of speculation there will be a huge asset or property bubble that's bound it on burst. but don't forgetbeginning, a lo buildings. and don't forget the speed of the urbanization process is going on in china. but as a national strategy also to balance the economy away from the capital kind of investment towards domestic consumptio
but how do you see the big picture in china? there's definitely a narrative that says high levels of capital spending lead to poor profitability and maybe that's what the stock markets had a sniff on over the last 18 months. where do you think we are in that story? >> well, no doubt it's driven by capital like all capital investments. and where are the investments going? they're going to china's massive infrastructure. don't forget china is still in the middle of a largest organization...
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WBAL
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market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail corridor, and kansas city southern's mexico business grew auto volumes at an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audi will be opening new plants. bmw has. crazy, huh? bmw. over the time frame, mexican auto production is expected to surge from 2.5 million vehicles a year to 3.5 million. i think that's low versus what will ultimately be. and kansas city southern and kansas city southern believes they will have 50% market share. kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining c
market relative to china. now roughly 60% of mexico's gross domestic product is in kansas city southern rail corridor, and kansas city southern's mexico business grew auto volumes at an astounding 31% clip in the last quarter. who's got that kind of industrial growth? and the company expects growth to continue in that solid double digit range. what's more, kansas city southern currently serves nine auto plants in mexico, but nissan, honda, mazda and audi will be opening new plants. bmw has....
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chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coffee drinkers, starbucks is offering a stainless steel gift card starting at $400 friday morning. citigroup is transitioning to a smaller workforce. the bank is cutting 11,000 jobs, which will save citi $900 million next year. cuts were rumored following former ceo vikram pandit's departure from the bank. citi chairman michael o'neill has been known to cut staff to turn business around. the bank has been trying to rebound after being hit hard during the financial crisis. worldwide, 84 branches will close as a result of the measures. a trader is under arrest, allegedly for attempting to get rich quick by trading shares of apple. according to reports, david miller was trading at rochdale securities. the fbi claims he bought roughly $1 billion in apple stock, unauthoritized, with the brokerage's money, on
chain is going supersize by opening 20,000 more cafes by 2014, with much of the growth coming from china. 1500 stores will open in the u.s. alone in a span of 5 years. and now with the recent acquisition of teavana, starbucks will eventually open "tea bars" in shopping malls. for serious coffee drinkers, starbucks is offering a stainless steel gift card starting at $400 friday morning. citigroup is transitioning to a smaller workforce. the bank is cutting 11,000 jobs, which will save...
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Dec 6, 2012
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smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the br
smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane...
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from real point of view of the best way to fix all that well all over the world including in china and russia and in europe and in in the united states internet surveillance is increasing and it's quite breakneck speed so a solution would be. to at least try and come to some international standard of how to resolve all this and what does privacy mean i know that this is a very ambitious goal but as we all move into the internet and as we all as it all becomes a part of our daily lives free speech and privacy online is becoming ever more important. right on by have from the netherlands so many thanks indeed for sharing your views that. syria's chemical weapons arsenal is again whipping up a frenzy at least in the us media an unnamed american official has reportedly said damascus has begun its chemical stockpiles it's impossible to verify though skeptics are saying rumors are being spread intentionally to justify greater aid for rebels or even intervention meanwhile another car bomb has gone off in damascus as turmoil in syria's seeps and beyond the country's borders middle east expert d
from real point of view of the best way to fix all that well all over the world including in china and russia and in europe and in in the united states internet surveillance is increasing and it's quite breakneck speed so a solution would be. to at least try and come to some international standard of how to resolve all this and what does privacy mean i know that this is a very ambitious goal but as we all move into the internet and as we all as it all becomes a part of our daily lives free...
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Dec 6, 2012
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china plays a big role in starbucks' expansion plans. coffee chain hopes to have 1500 stores in china by 2015. >>> we all love the smell of pizza just out of the oven. >> but do you love it enough to spray it on your neck? coming up pizza perfume. does this idea stink or is it genius? >> not really. >> all right let's talk about what's going on because we are dealing with some very cold temperatures but the 60s are in the forecast. when they come back coming up. >> everything is nice can clear here on -- ask clear here on route 95 in harford road. what traffic looks like on 695 and 83 coming up on "good morning maryland." >>> well the happiest place on earth is about to get a lot bigger. today the new fantasyland opens in orlando. it features new villages like the be our guest restaurant. the addition will cost $425 million. it will be doubling the sides of that portion of the magic kingdom. disney says it's the largest expansion in the park's history. >>> take a minute and imagine that fresh smell of pizza. thanks to pizza hut you can a
china plays a big role in starbucks' expansion plans. coffee chain hopes to have 1500 stores in china by 2015. >>> we all love the smell of pizza just out of the oven. >> but do you love it enough to spray it on your neck? coming up pizza perfume. does this idea stink or is it genius? >> not really. >> all right let's talk about what's going on because we are dealing with some very cold temperatures but the 60s are in the forecast. when they come back coming up....
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and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as i keep saying. but companies are trying to make long-term plans, even though near term they're very concerned about what's going on. >>> apple stock dropped more than 6% yesterday. watch that? shares down a little bit in premarket trading this morning. there are a few factors that traders suspect drove the selling. today there's another hearing in the patent case with samsung in california and a research report generated buzz that apple's tablet competitors could eat into its market share. apple shares were up 33% so far this year, right? so if somebody's taking some profits, they've been d
and in china, it's going to be the second biggest market for starbucks by 2014. they're going to have 1,500 stores in 70 cities in china in the next three years. >> and let's be clear about the fiscal cliff. i mean, the near-term impact is bad, right? a lot of people think it would be a recession, but lasting long-term impact, it would lower deficits, you know, and would cut into -- so -- >> dramatically. >> so this isn't the way to go about it. you want to scalp a hatchet, as...
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Dec 6, 2012
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conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we ge
conversation today, running from ad campaign all the from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united...
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CURRENT
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we all know that the united states and china the biggest polluters, china is building more coal plants. how do we get them to see this issue the way we do. there is a legitimate point being made by the other side. we don't matter if the chinese continue to spew co2 in the atmosphere. how do you confront that issue. >> as you know, the chinese and other developing countries say hey, you're the rich countries you got rich polluting and you're not even willing to reduce your own emissions. now you want to stop us from doing this, and you won't help us with clean energy technologies. the answer is we need leadership. if the united states could meet its commitment that obama made, then we could go at international negotiations, and develop an agreement. i think the chinese understand that ultimately building all these coal plants is going to hurt them more than us because they've got more people. they've got a lot of people along the coast lines. they have a lot of people living in very dry arid conditions that will just get drier. they have a lot of mouths to feed and they're drawing down
we all know that the united states and china the biggest polluters, china is building more coal plants. how do we get them to see this issue the way we do. there is a legitimate point being made by the other side. we don't matter if the chinese continue to spew co2 in the atmosphere. how do you confront that issue. >> as you know, the chinese and other developing countries say hey, you're the rich countries you got rich polluting and you're not even willing to reduce your own emissions....
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also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart: you're going to stop taking any kind of insurance. you want cash only. >> the thing is, i decided to start a 1-1 i realize that the bureaucracy was trying to tell me how the practice. but terry is when they come and pay for a service that deserve the best. the reservoir on the percentage you. if i have to talk to somebody about how i treat them and i commend you for it. unlike with your doing. if your clients are paying hard-earned money to see me 90100 percent of me. i sent to a five page letter firing the insurance companies. if you want to change things i love to come back . stuart: th
also planning to extend overseas making china the second biggest market in the world. this might indicate the company to be making a turnaround at the closing to percent of its u.s. to respect in the late. obamacare is going to hurt both doctors large and big businesses. our next guest is a small -- a doctor and not read the small business. sorry about that makes up. you are a doctor, chiropractor, and you operator chiropractic office like a small business. >> yeah that right. stuart:...
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Dec 6, 2012
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CNBC
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if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left. the dow hanging on to a gain of about 30 points. >> the situation with anti-virus software pioneer john mcafee is going from strange to surreal. he's now in custody. now reportedly has had two heart attacks. we're going to tell you the latest on this bizarre and evolving story. >>> also, the ceo of accounting giant recently met with president obama. he say miss other ceos in that meeting agreed the tax rates for the wealthy have to rise as part of any fiscal cliff deal. he joins us exclusively later on "the closing bell." stay tuned. [ male announcer ] this december, remember -- ♪ you can stay in
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left....
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what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should hold accountable is not the agency. we are allowing the agency to do this. we see waste and stupidity. the fact that we don't have a metric to measure, and we don't know how the money is spent, there are no follow-ups, it just shows the competency of the agency, but also the competency of washington in terms of doing what they're supposed to be doing. charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this
what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should...
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china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off the record session, or a session where he bashed 15 people. and said you know what? we're going to miss the numbers really big. apple is not nortel, but it trades like those that do and people get into the rut of saying i got
china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best...
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russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >> and now we go to retired general james dupnik at the institute for the study of war. thank you for coming in, general. how much do we know about what the syrians have in terms of chemical weaponry? >> i'm sure our intelligence agencies know a lot more than we do in reading the newspaper. but there's always a degree of ambiguity. we know 85% to 90 percent of what they are duly, but -- to 90% of what they are doing, but there's always an element of the unknown gruden >> what of their storage facilities? >> i think we would know about -- about their production facilitie
russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >>...
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russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >> and now we go to retired general james dupnik at the institute for the study of war. thank you for coming in, general. how much do we know about what the syrians have in terms of chemical weaponry? >> i'm sure our intelligence agencies know a lot more than we do in reading the newspaper. but there's always a degree of ambiguity. we know 85% to 90 percent of what they are duly, but -- to 90% of what they are doing, but there's always an element of the unknown gruden >> what of their storage facilities? >> i think we would know about -- about their production facilitie
russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >>...
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, i think that -- >> china i think is showing growth. europe may not show growth in my lifetime, but they're going to be bailed out. do you think stock market -- i know it's had a mini correction since mid september, but it may be coming back now. question, does the stock market in its wisdom see a deal from washington on fiscal policy? >> i think that the stock market has already -- doesn't care about that anymore. we're on to the next thing. >> what is the next thing? >> even if they don't come the a deal, they will two weeks later. >> so might come in the new year. >> it might come in the new year. >> january, stocks are already discounting that. >> with band aids and glitter stickers, something is going to happen eventually. we have discounted that. this has been on the table for two years. this is not a new thing. it's their way of staying in the spotlight. >> question, apple which lost 6% today, apple is down about 24% since mid september. >> that's right. >> is apple the way -- you know, when we used to look at ge, the way we used
, i think that -- >> china i think is showing growth. europe may not show growth in my lifetime, but they're going to be bailed out. do you think stock market -- i know it's had a mini correction since mid september, but it may be coming back now. question, does the stock market in its wisdom see a deal from washington on fiscal policy? >> i think that the stock market has already -- doesn't care about that anymore. we're on to the next thing. >> what is the next thing?...
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one point two percent and falling europe is in serious trouble what happens in europe what happens in china where they're preparing for a hard landing all of these things will have an impact here we're in a lot of trouble you can't retire that debt so no you could confiscate all the wealth from the top five percent of the american people it would make a dent really it wouldn't make a try you know you talk about running the government for six months. all right well let's talk about the new the the new fiscal year two thousand and thirteen bill that was just passing and it's about the senate waiting on the house but it's an increase of seventeen billion dollars is this a gross contradiction we're talking about you know we're facing this looming in class that we're about to pull out of this is the whole point that i think that we have to be this is. the point the senate is living in fantasyland the people in the house know this is not sustainable there is more reality in the house than in the senate the senate is the political equivalent of hollow in political terms the united states they are
one point two percent and falling europe is in serious trouble what happens in europe what happens in china where they're preparing for a hard landing all of these things will have an impact here we're in a lot of trouble you can't retire that debt so no you could confiscate all the wealth from the top five percent of the american people it would make a dent really it wouldn't make a try you know you talk about running the government for six months. all right well let's talk about the new the...
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. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still illegal under federal law. but the justice department has not said if it will try to block the washington state law or a similar statute in colorado. same-sex marriage also became legal in washington state today, and in maryland. gay and lesbian couples in both states began picking up marriage licenses. those in washington state have to wait three days to be married. same-sex weddings in maryland will begin on january first. maine will legalize the practice on december 29. the three states are the first to approve same-sex marriage by popular vote. in economic news, new jobless
. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still...
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>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you. >> yes, indeed. sometimes dealing with apple, it takes a long, long time to get through. but once you do, they're very forthcoming. brian, did he speak at all to -- i don't want to use the word burden but in some ways it is a burden. they don't produce a lot of products every year but they do produce products that they consider revolutionary, that changes for the greater good the american society and the way business is done. that's a pretty heavy burden and mantel to carry for a company and for a ceo. >> it is. americans all around the world, when people get a little harsh on what happened to the amer
>> well, he didn't speak to motive but i am guessing, tyler, given all the talk about china, given all the china problems they've had, working conditions, salaries, his forced trip over there, i'm guessing they think this would and good idea. they talk a lot about skilled labor over here and not educating the kinds of workers they need. but it's just one of the points he kind of scatters through this first real interview which was months upon months in the making, as i need not tell you....
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there's a global deal waiting to be done with china, europe, india also involved in this and, of course, america itself, where we could build the confidence that is necessary to get higher levels of growth around the world. >> and finally, gordon brown, i couldn't let you go without asking the view of the single biggest news story to hit the planet in the last week, of course, the royal baby. >> it's incredibly important that we give them the privacy because her health is a massive issue. you can see that britain thinks we have a monarchy you can see, prince charles and prince william and then the baby that is -- comes from the pregnancy, you can see the monarchy stretching 100 years ahead. >> you certainly can. and long may they stretch. gordon brown, great pleasure talking to you. thank you. >> thank you very much. >>> and we'll be right back. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm goi
there's a global deal waiting to be done with china, europe, india also involved in this and, of course, america itself, where we could build the confidence that is necessary to get higher levels of growth around the world. >> and finally, gordon brown, i couldn't let you go without asking the view of the single biggest news story to hit the planet in the last week, of course, the royal baby. >> it's incredibly important that we give them the privacy because her health is a massive...
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. >> there's a lot made in china and india and other places, that flood into america and europe. what responsibility do businesses have that sell these products to try to find out what is going on at the origin of them? in terms of the sweatshops for the young kids? >> piers, good businesses will be checking the supply chains. they will be pretty sure where the goods are coming from. but businesses have to recheck, now that we know this christmas trade is being done. they've got to ask about who is the supplier? they've got to check whether the suppliers are using child labor. and they've got to monitor the conditions. there's got to be a combined effort from the companies themselves and from the governments of individual countries where we know child labor is being practiced. we managed with the help of the global march against child labor, an indian campaign, to get these children released from what was effectively slavery and bondage. they'd been trafficked into that trade, sold by relatives or by friends of the family, into being slaves. and we need greater vigilance on the p
. >> there's a lot made in china and india and other places, that flood into america and europe. what responsibility do businesses have that sell these products to try to find out what is going on at the origin of them? in terms of the sweatshops for the young kids? >> piers, good businesses will be checking the supply chains. they will be pretty sure where the goods are coming from. but businesses have to recheck, now that we know this christmas trade is being done. they've got to...
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the market getting a little nervous about competition particularly in the china market. is it possible that nokia may have a crowd pleaser in the future to take on the iphone? i don't know. it is something analysts are chewing over and it's another reason why apple had another rocky day in the markets. >> jeff cutmore live from london. thank you. >>> there are alarming new developments involving the crisis in syria. pentagon sources tell nbc news there is specific intelligence suggesting the syrian government has loaded sarin gas, a deadly nerve agent, into aerial bombs and is awaiting command from president assad for its use. it comes as the fighting grows more intense and the rebels continue to advance into the capital city of damascus. yesterday secretary of state hillary clinton repeated her warning that the u.s. is ready to take swift action. >> our concerns are that increasingly desperate assad regime might turn to chemical weapons or might lose control of them to one of the many groups that are now operating within syria. we have sent an unmistakable message that
the market getting a little nervous about competition particularly in the china market. is it possible that nokia may have a crowd pleaser in the future to take on the iphone? i don't know. it is something analysts are chewing over and it's another reason why apple had another rocky day in the markets. >> jeff cutmore live from london. thank you. >>> there are alarming new developments involving the crisis in syria. pentagon sources tell nbc news there is specific intelligence...